Common use of Operation of the Businesses of the Company Clause in Contracts

Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will and will cause the Company to: (a) conduct the business of the Company only in the ordinary course of business; (b) use its best efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vdi Media)

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Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of such the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (C & F Financial Corp)

Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will Sellers will, and will cause the Company to: (a) conduct the its business of the Company only in the ordinary course of business; (b) use its their best efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Reynard Motorsport Inc)

Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically upon request to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wireless Ronin Technologies Inc)

Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

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Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will will, and will cause the Company to: (a) conduct the business of the such Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the such Company, keep available the services of the current officers, employees, and agents of the such Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the such Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the such Company.

Appears in 1 contract

Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)

Operation of the Businesses of the Company. Between the date of this Agreement and the Closing Date, Seller will will, and will cause the Company to: (a) conduct the business of the Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will goodwill with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Verilink Corp)

Operation of the Businesses of the Company. Between Except as otherwise permitted by this Agreement, between the date of this Agreement and the Closing Date, Seller will Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the ordinary course Ordinary Course of businessBusiness; (b) use its best efforts their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer Buyers concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer Buyers concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vernitron Corp)

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